Monday, February 6, 2017

Soyabean trading range for the day is 3080-3120. Soyabean prices settled flat on supply worries from Brazil, and weak demand for soymeal in domestic market. However downside seen limited as harvesting pace in Brazil is likely to slow down on forecast of rainfall in some of major growing regions. NCDEX accredited warehouses soyabean stocks gained by 591 tonnes to 187216 tonnes. At the Indore spot market in top producer MP, soybean gained 13 Rupees to 3070 Rupees per 100 kgs. 

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